As everyone is aware, tomorrow is election day. During the midterm elections, many may have the knee-jerk reaction to punish the President and his “allies” in Congress.
Truth-be-told – the economy is in much better shape now than the day Obama took office. While his term hasn’t been perfect, things are dramatically better than during Q4 2008 when he was first elected to office, and Q1 2009 when Bush left office. The economy is growing, the stock market has improved, and while huge deficits are amounting, deflation remains as much a concern as inflation, at this point.
The housing market is still in bad shape, to be sure, but TARP has proven to be a success and GM and Chrysler are posting profits. In Oct 2008, an economic Armagedon was hitting America. Today, America is coming off the ropes and with some sweat equity, will be back.
That said, if you believe that Obama is the devil, a Kenyan born citizen, a Muslim, a Marxist, or a Socialist – you need to look up the definitions of these words, and get back to me. This isn’t for you. Chances are you are insane and need to seek serious mental help, or be put on very high doses of Haldol.
We, as citizens, have a civic duty every election day. We must vote not only for what is in our own best interest, but the best interest of the country as a whole.
What no politician in American will admit to you is that this country has been “sold out,” starting the day Ronald Reagan became POTUS and Free Trade and the mantle of supply side economics became the “laws of the land,” so to speak. NAFTA, CAFTA, and other free trade agreements have destroyed and eviscerated the very engine that created the middle-class in America.
The manufacturing jobs in America are not coming back. If you’re not a professional in this country, or if you aren’t born into a family of money, chances are, you’re not moving “ahead” in life. Your children will almost certainly have a worse standard of living than you did as corporations seek to continually move off-shore to save pennies, and create the never-ending race to the bottom. Education is no longer the marker for success. There are plenty of people who attended Universities, who have higher levels of education than did their parents, who due to rising tuition costs, lack of health-care, etc. will undoubtedly be worse off than their parents.
No politician in America will tell you that. Chances are, you will make about 30% on average less per year, inflation adjusted, than your parents did unless you are a professional of some degree or have a specific trade. So, rather than going to college for 2 years to drop out, push your family members or kids into trades. Become plumbers. Electricians. Machinists. Take jobs/positions that can’t be sent off-shore.
We have had politicians in this country lie to you for the past 30+ years. There is no such thing as a tax cut, just like 5+3 doesn’t equal 6. A tax cut without subsequent cuts in government spending only represents a tax shift.
Anyone who believes in this fallacy about cutting taxes, absent cuts in spending, has been duped.
This means that a tax cut combined WITH HIGHER government spending ONLY guarantees that taxes in the future will need to be higher unless the government wants to perpetually run deficits. This of course, carries the burden of higher inflation and interest rates, which will crowd out private investment, and act as a tax on ones disposable income.
Conservatives love to talk about generational theft. How Obama’s high spending is stealing from your grandkids. Again – if you look at the last Bush budget and the last Obama budget, federal spending isn’t the cause of the change in the deficit. The cause is simply an issue of revenue – meaning – that not as many taxes are being collected because of the huge amount of job losses from 2007-2009.
This has been the game of the Republicans/conservative movement for the past 30 years. They talk about cutting taxes, but NEVER deliver on promises to reign in spending. The past Republican administration saw an increase in farm subsidies, defense spending, and spending on Medicare Part D – a NEW ENTITLEMENT. This came from a man who conservatives had wet dreams about until Hurricane Katrina hit.
I have asked numerous movement conservatives and even emailed Republican congressional candidates about what they plan to cut in the government.
The only answers I have gotten are that they want to eliminate the National Endowment for the Arts and they want to slow the rate of spending or try to eliminate the Department of Education.
Imagine that. Let’s say you are in a lot of debt in your house. You and your spouse talk about ways to cut your debt and eliminate your credit card balances. Let’s say you spend $175 a month going out to dinner. Well, if you want to get rid of your debts, a good way to start would be to eat in. Eat out less. Don’t buy expensive clothes. Cancel your HBO subscription. Don’t get your nails done 3 times a month. Those are all valid ways to get rid of your household debt. If you spent $175 a month eating out, would you say that a good way to save money would be to buy deodorant on sale because that may save you 40 cents a month, while continuing to spend $17 a month on HBO and $175 a month eating out? No. Of course you wouldn’t.
The budget deficit this year is 1.3 trillion. Eliminating the deficit via fiscal austerity, which usually means cutting government spending, will be tantamount to taking an axe to your arm. Moreover, it will throw the economy into a depression if you simply eliminated the deficit by cutting spending.
Taxes will need to go up. But, how much will they need to go up, and on who.
The Democrats are campaigning on raising taxes only on the rich. There is probably not enough money to only soak the rich unless we can implement a real progressive tax in which those earning more than 1 million a year pay in excess of 40% as a top marginal rate. The Democrats and the Republicans, those who aren’t idiots, likely know this.
Taxes will likely have to increase on everyone.This is the worst kept secret in Washington.
But, most importantly, we are in dire need of entitlement reform in this nation. And, while both parties know this, AND THE CONSERVATIVE PARTY SHOULD BE PUSHING THIS, neither is.
Why – because the Republican base is composed of old senile people who are on Medicare and SS who don’t realize that smaller government means LESS BENEFITS FOR THEM. Once they start to have their benefits cut, they will simply vote out their Republican lackeys who will do the same as the Democrats; buy their votes with more government goodies.
At least the Democrats make no fucking bones about wanting to utilize tax-payer money for increases in social services and welfare.
The Republicans/conservatives are supposed to be against this.
And sadly, even though I’ve offered my vote up for sale, for just a pittance of an educated response, I get that the GOP wants to cut 1/1000 of the federal government’s budget to help eliminate the deficit.
It’s almost shocking to me how stupid they think I am, but judging by those who have voted for their candidates and been duped by this, maybe I’m the one who is stupid for thinking I could get a coherent response.
Unless one wants to talk about cutting SS, Medicare/Medicaid, defense spending, or payments on the debt, one is not serious about deficit reduction.
Do you think all of those Republicans who come from rural districts and represent agricultural states are going to vote to end agricultural subsidies 70-90% of which go to Big Agra companies which have PROFITS in the millions/billions each year?
Surely nobody reading this is that naive of a fucking sap.
I hate Medicaid/welfare leeches as much as anyone. It sickens me every time I look at my paycheck to see how much the government steals from me and wastes on people who have little-to-no desire to improve their own lives.
It also sickens me to see how capital is considered the superior of labor and how deregulation has twice in America’s history nearly destroyed capitalism, one time contributing to WW2, and how the conservative party cheer-lead military operations in Iraq, a country we had 0 business invading and occupying for what will soon be longer than US forces fought in WW1 and WW2 combined. This war cost will cost the treasury close to $4 trillion when all is said and done. $4 trillion for what. At least the stimulus money was spent in America. Money was used in Iraq to bribe politicians, pay off Sunnis from joining Al Queada, and pay for the building of bridges in Iraq that would only be blown up weeks later by IED’s. Talk about the inefficiencies of government.
The Democracts are far from perfect. They have helped to create a sense of entitlement in ghettos across the nation in order to pander to race hustlers that continually spoon feed illiterates that people are held down because of the system and that if only we throw more money at these people that they can rise up.
But, the Republican leadership and conservative movement is 100% intellectually bankrupt. They say they favor small government, but apparently to them, this simply means selling more and more government bonds to the Communists to ensure that the Paris Hilton’s of the world inherit their parent’s wealth to buy more Ferraris.
Why can’t a single Republican get on a microphone and have the balls to say, “I want to cut SS transfer payments by 3% each of the next 5 years for people with incomes over $40,000”?
As it stands, no serious person, with a functioning cerebrum, can vote for such nonsense.
It is intellectually bankrupt to say that you support less intrusive government and then go out and vote for someone who wants to criminalize abortion, prohibit gays from serving in the military, continue the drug war, and simply cut taxes while raising spending.
This really is like a train-wreck from the Twilight show.
On Nov. 2nd, I urge you to vote for the “socialist.” At least then, you get what you vote for.